Okay, so now, the gatekeepers are reeling, rocking on their heels, and in order to stay afloat in the new world order of publishing, they have to adapt.
The gatekeepers here, in this specific instance, means “literary agents and agencies,” for the record.
They’re suddenly singing a different song now. See, agents know if writers go their own way and pay for things like editorial services, copy editing services, and when necessary code help, they can go to Kindle, Nook, Smashwords, PubIt!, Kobo and others and simply…publish. They don’t need anyone to represent them to those places, and they don’t need to surrender part of their money to do it. And the money they earn doing it that way isn’t a loan against what someone guesses the sales will be, but is actual money earned through sales.
The Literati, however, like to take that 15% cut right off the top. They like it and, should an author ever not earn out their advance and the publisher put them on the hook for the payback, you better believe the agency won’t offer back that part of the loan they took. Nope. It’s theirs and they earned it by virtue of getting the writer to sign on the dotted line and then “getting them into a publishing house,” so technically, they”earned” it too.
So now, with the middleman being cut viciously out of the equation with self-ePublishing and distribution, what are the gatekeepers going to do to make money?
Why, they’re going to continue to horn in on your dollars, writers! What else can parasites do?
Some literary agencies and agents, reading the writing on the wall, are now offering “self-publishing” services to their clientèle. I found this out through today’s blog post by Rachelle Gardner, a well-respected and well-known literary agent on the Internet. (I have no animosity for Rachelle Gardner, who is a sister in Christ, and this is NOT personal.) In her post, Rachelle states (admits, confesses) that those in the “traditional” (read: ARCHAIC) publishing industry no longer look with disdain on the self-published author. It’s a change which came in the last few years, she says. Really? Like, since 2010 maybe, when the Kindle broke the backs of the gatekeeping system? Maybe? Or maybe in 2009, when the Kindle started a publishing platform and offered 70% royalties to its writers?
Either way, the gatekeepers are suddenly singing a very different song than they sang before. And I don’t think this is the same song they were singing last year. I don’t believe this particular tune — that self-publishing is another acceptable route for an author to take and won’t hurt their chances of being published traditionally — was even being hummed until the likes of Joe Konrath, Amanda Hocking and John Locke started crushing expectations and selling like there was no tomorrow. Seeing that, well…now the gatekeepers want in! And hey — they can still keep all their sycophants! How awesome’s that news?!
Joe Konrath stated on his blog yesterday the same thing; his agency is doing the very same thing and is offering services to self-publishing authors. Just 15% of your sales, and for someone like Joe Konrath — who’s books are selling so fast and hard he can write full-time and make a handsome living — that’s probably a worthwhile trade-off. Not for someone like me, though.
And if you think this means I’ll stop screaming about how much I hope the literati collapse under their own egos and fold, you’re wrong. It’s another reason for me to decry them and hate them for being parasites, leeches, predating on the authors they need to stay in business, mocking them and getting away with it for so long. They’ve had it coming and I hope their plan fails.
But hey, that’s just me.
Copyright 2011 DarcKnyt, all rights reserved